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34578415
34578410

1601 Rutherford Ln, Austin, TX 78754 For Sale

LR
TX 609717-SA
CBRE - Austin
BB
TX 429729-B, AL 112662
CBRE - Austin
Listed by CBRE - Austin
$7,500,000
1 day on market
Updated 1 day ago

1601 Rutherford Ln

Details
APN 232787
Property Type Industrial
Sub Type Flex
Square Footage 55,447
Occupancy 29%
Tenancy Multi
Price per SqFt $135
Class B
Year Built 1984
Buildings 1
Acreage 4.820
Parking Spaces 282 spaces
Parking per 1,000 SqFt 5.09
Investment Type Value Add
Ground Lease No
Ceiling Height 21'

Flex-Industrial Opportunity | Northeast Austin

Marketing description

1601 Rutherford Lane, known as Rutherford Place, is a flex-industrial commercial asset located in the Walnut Creek submarket of Northeast Austin, Texas. Built in 1984, this functional masonry facility spans 55,447 square feet (per owner) situated on a spacious 4.82-acre lot. The building is designed in a V shape for logistics and light manufacturing needs, with 3-phase power supply, clear heights up to 21 feet, three drive-in bays, and a dock leveler. Much of the property was converted to office use and offers the ability to convert it back to small-bay industrial use. The property accommodates multiple types of uses with its air-conditioned space across its flexible sized suites, coupled with a parking ratio of 5.50 spaces per 1,000 square feet (282 total spaces). The State of Texas currently leases two suites totaling 22,992 square feet through September 30, 2026 however, they have already vacated the premises.

For more information and to sign a CA visit - CBRE-1601Rutherford.com

Investment highlights

  • Rare Infill Small-Bay Industrial Opportunity
  • Driven by Austin’s Tech & Manufacturing Expansion
  • Significant Lease-Up Upside at 29% Occupancy
  • Attractive Basis for Value-Add Investors
  • Flexible Opportunity for Investors & Owner-Users
  • Connectivity to Round Rock, Taylor, Hutto, and Pflugerville
  • Limited Supply of Functional Flex Space

Listing Contacts

LR
TX 609717-SA
CBRE - Austin
BB
TX 429729-B, AL 112662
CBRE - Austin
Listed by CBRE - Austin

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Additional Information

Name
Logan Reichle
License
609717-SA
Brokerage
CBRE
Name
Bradley Bailey
License
429729-B
Brokerage
CBRE
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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